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New head of sales at Birmingham Midshires

Alan Cleary has been promoted to the post of head of sales at Birmingham Midshires.

In his new role, Cleary takes responsibility for the lender&#39s mortgage consultants and intermediary sales team.

Cleary says: “The sales team are essential to the continued success of our specialist lending function. We&#39re concentrating on a market-led and sales-focused approach to boost our fantastic results even further.”

Cleary was previously head of the Mortgage Consultancy Channel, and has been with Birmingham Midshires for 11 years. He is married with two children and lives in Birmingham.


New management team at Britannia Building Society

Britannia Building Society has confirmed Neville Richardson as its new group chief executive. Richardson succeeds Graham Stow, who becomes executive vice chairman pending his retirement in May 2003, following the completion of his year in office as chair of the national Building Societies Association. Richardson was formerly deputy chief executive, and joined the society as […]

Number of Brits with £25,000 increases by 30%

The number of people in the UK with £25,000 or more in liquid assets has increased by a third over the last five years, as the two-year bear market was more than offset by the broad effects of the rise in property prices. These figures are from Inscape, Abbey National&#39s wealth management service, and the […]

FSA chooses from AIFA menu

The FSA&#39s decision to drop its defined payment system should help “more than three quarters” of IFAs to remain independent, the Association of Independent Financial Advisers says.The FSA announced it is dropping the proposals outlined in CP121 for AIFA&#39s “menu” approach to fee disclosure last week. It gives IFA clients the option of paying by […]

Sub-prime packager unveils £3m incentive scheme

Sub-prime mortgage packager The Finance Centre is to launch a major incentive scheme to intermediaries worth nearly £3 million over the next five months. TFC will unveil the venture at the Business Expo 2002, which is being held at London&#39s Earl&#39s Court and Olympia exhibition centre. At the event, a total of 8,000 vouchers – […]

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Pension Wise — now taking calls…

Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.


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